Trvlr From United States of America, joined Feb 2000, 4430 posts, RR: 20 Posted (14 years 7 months 6 days 2 hours ago) and read 1868 times:
...Then it will probably be in the form of what is now Alaska Airlines:
"Microsoft's Gates Has 5.33% Passive Stake In Alaska Air "
WASHINGTON -(Dow Jones)- Microsoft Corp. (MSFT) co-founder and Chairman Bill Gates has a 5.33% stake in Alaska Air Group Inc. (ALK), according to a Schedule 13G filed Thursday with the Securities and Exchange Commission.
A Schedule 13G denotes passive ownership of a company.
Gates and his investment vehicle Cascade Investment LLC reported shared beneficial ownership of 1,409,500 common shares of the company.
Based in Seattle, Alaska Air Group is the holding company for Alaska Airlines and Horizon Air.
DesertJets From United States of America, joined Feb 2000, 7842 posts, RR: 14
Reply 3, posted (14 years 7 months 6 days 2 hours ago) and read 1787 times:
If Microsoft had an airline it would freeze up or crash every ten minutes. You'd have to restart everything every few hours. and for best performance you'd have to scrub it once every six months!!! And in order for everything to run properly you'd have to spend more money and get Norton to keep things from completely falling apart. *lol*
And the term "blue-screen of death" will have a new meaning.
Stop drop and roll will not save you in hell. --- seen on a church marque in rural Virginia
Ceilidh From , joined Dec 1969, posts, RR:
Reply 11, posted (14 years 7 months 5 days 1 hour ago) and read 1649 times:
I wish the code for Airbus' FWB was written by Microsoft - it might be rather more stable than it is.
I suspect that the stock ownership of AS stock is tied into the very special commercial deal Microsoft has with them - no more than the deals that some other majors (GM, IBM, etc) have with various carriers.
TWAneedsNOhelp From , joined Dec 1969, posts, RR:
Reply 12, posted (14 years 7 months 5 days 1 hour ago) and read 1643 times:
Celidh, your usually on mark with most topics, here I'm not sure.
This Alaska Airlines stake is not owned by MSFT, but rather Cascade Investments, a private company owned by Gates personally. I have a feeling that the stake is simply an investment as somehow Gates thinks AS will be worth more in the future than it is now. Any preferential treatment with MSFT employees is probably negligible if existant.
Incidentally, Cascade also owns a significant piece of Boca Resorts (PAW). PAW owns the Florida Panthers hockey team, the Boca Raton Resort & Club (I'm a member!), The Arizona Biltmore, The Registry Resort in NaplesFL, and the Hyatt Regency Pier 66 hotel.
Clearly, Gates has steered Cascade into travel and tourism investments.
One more thing, the carrier GM and UAW had made arrangements with ProAir has filed for bankruptcy protection and had their Air Operators Certficate revoked.
Sonic From Lithuania, joined Jan 2000, 1671 posts, RR: 0
Reply 13, posted (14 years 7 months 4 days 17 hours ago) and read 1623 times:
Names of the Microsoft Airlines planes would be these:
Bill Gates (747)
US Government (Douglas DC3)